Feed Enzymes Market

Feed Enzymes Market by Type (Phytase, Carbohydrase, and Protease), Livestock (Poultry, Swine, Ruminants, and Aquatic Animals), Source (Microorganism, Plant, and Animal), Form (Dry and Liquid), and Region – Global Forecast to 2025

Report Code: AGI 3382 Dec, 2019, by marketsandmarkets.com

[180 Pages Report] The global feed enzymes market size is estimated to account for USD 1.2 billion in 2019 and is projected to reach USD 2.0 billion by 2025, recording a CAGR of 9.1% during the forecast period. The market is driven primarily by the growing concern regarding animal health and the demand for an increase in the nutrient uptake of feed.

Feed Enzymes Market

Based on type, the phytase segment is estimated to account for a major share in terms of value, in 2019.

Phytase, are preferred by most animal feed manufacturers and livestock producers to be used as an enzyme. Thus, the segment is estimated to dominate the feed enzymes market share in 2019.

The inclusion of phytase in the feed offers many advantages to the livestock. It offers the highest activity at low pH; also, it improves bone health, enables body weight gain, improves digestive efficiency, breaks down indigestible phytic acid (found in grains and oilseeds), and thus, aid in the release of digestible phosphorus, calcium, and other nutrients that aid the growth of animals.

The microorganism segment, by source, is projected to dominate the feed enzymes market during the forecast period.

The microorganism segment dominated the feed enzymes market in 2019, owing to the higher use of these sources to extract feed enzymes. Microorganisms remain highly prominent and suitable hosts to produce stable and industrially important feed enzymes. Enzymes extracted from microorganisms are of great importance in the manufacturing of animal feed. Currently, molecular techniques, such as metagenomics and genomics, are used to discover microbial enzymes, which are used in the feed industry to improve feed quality.

Based on livestock, the poultry segment is projected to witness the highest growth in the feed enzymes market in terms of value.

According to OECD-FAO Agricultural Outlook 2017–26, the global poultry meat production stood at 118.1 MMT (130.18 MT) in 2017 and is expected to increase by about 11% over the next decade. The production of poultry for meat is also likely to be dominating more than half the growth of all the additional meat produced by 2025. Such rapid growth in poultry meat production is expected to increase the demand for superior quality feed further, thereby propelling the market for feed enzymes.

Feed Enzymes Market

Asia Pacific is projected to witness the highest growth in the feed enzymes market during the forecast period.

In terms of value, the Asia Pacific feed enzymes market is projected to grow at the highest CAGR during the forecast period. Factors such as the presence of a large livestock population (FAO 2016) and their growth rate, the increase in the number of feed mills in the region, which further reflects the growth in feed production, particularly in countries, such as, India and Japan, are projected to drive market growth in the coming years.

Key Market Players

Many domestic and global players provide feed enzymes to improve animal health and performance. Major manufacturers have their presence in the European and Asian countries. The key companies in the feed enzymes market are Cargill, Incorporated (US), BASF SE (Germany), DowDuPont (US), Bluestar Adisseo Co., Ltd. (China), and Koninklijke DSM NV (Netherlands). Various strategies, such as expansions, mergers & acquisitions, and new product launches, were adopted by the key companies to remain competitive in the feed enzymes market.

Scope of the report

Report Metric

Details

Market size estimation

2017–2025

Base year considered

2018

Forecast period considered

2019–2025

Units considered

Value (USD) & Volume (KT)

Segments covered

Type, Livestock, Source, Form, and Region

Regions covered

North America, Asia Pacific, Europe, South America, and RoW

Companies studied

BASF (Germany), DowDuPont (US), Koninklijke DSM NV (Netherlands), Bluestar Addisseo (China), Cargill (US), Associated British Foods Plc (UK), Novozymes (Denmark), and Advanced Enzyme Technologies (India)

Target Audience

  • Feed additive manufacturers and traders
  • Feed product distributors
  • Enzyme manufacturers and distributors
  • Feed manufacturers
  • Regulatory side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
  • Associations and industry bodies: Food and Agriculture Organization (FAO), International Feed Industry Federation (IFIF), International Fishmeal and Fish Oil Organization (IFFO), Association of Poultry Processors, and EU Association of Specialty Feed Ingredients and their Mixtures (FEFANA)

Report Scope

Type

  • Phytase
  • Protease
  • Carbohydrase
  • Others (lipase, mannanase, and α-galactosidase)

Livestock

  • Poultry
  • Swine
  • Ruminants
  • Aquatic animals
  • Others (pets and equine)

Source

  • Microorganism
  • Plant
  • Animal

Form

  • Dry
  • Liquid

By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (RoW) (Middle East & Africa)

Recent Developments

  • In September 2019, DuPont, under its animal nutrition segment, launched Axtra PHY, the latest generation of phytase enzymes in Japan. This new launch enabled the company to expand its presence in the feed enzymes market in the Asia Pacific region.
  • In March 2019, Kemin set up a new manufacturing facility to expand in India. This expansion would allow the company to cater to the increasing demand for specialized nutritional ingredients.
  • In October 2019, Azelis acquired Orkila, one of the top distributors of specialty chemicals, is projected to become a leading specialty chemical distributor in Africa and the Middle East, wherein Orkila would offer feed enzymes under the animal nutrition & agrochemical segments.

Key questions addressed by the report:

  • Which region is projected to account for the largest share in the feed enzymes market?
  • How would the fluctuations in raw material prices impact the growth of the feed enzymes market globally?
  • What is the level of support offered by governments across various countries to feed enzyme manufacturers?
  • Which are the key players in the market, and how intense is the competition?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Units Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 24)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 35)
    4.1 Opportunities in the Feed Enzymes Market
    4.2 Feed Enzymes Market, By Type and Region, 2019
    4.3 Asia Pacific: Feed Enzymes Market, By Livestock and Country, 2019
    4.4 Feed Enzymes Market, By Form, 2019
    4.5 Feed Enzymes Market, By Key Country, 2019

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Macroindicators
           5.2.1 Increase in Feed Production
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Provision of Feed Cost-Efficiency
                               5.3.1.1.1 Poultry
                               5.3.1.1.2 Ruminants
                               5.3.1.1.3 Swine
                               5.3.1.1.4 Aquatic Animals
                               5.3.1.1.5 Pets
                    5.3.1.2 Increasing Demand for Animal-Based Products, Such as Meat Products, Dairy Products, and Eggs
                               5.3.1.2.1 Improved Meat Quality Or Egg Production
                               5.3.1.2.2 Improved Animal Health to Increase the Consumption of Animal-Based Food Products
                    5.3.1.3 Rise in the Global Demand for Naturally Produced Feed and Feed Additives
           5.3.2 Restraints
                    5.3.2.1 Hydrolysis of Cellulose Remains Difficult
                    5.3.2.2 Higher Inclusion Rates of Enzymes May Have Negative Effects
           5.3.3 Opportunities
                    5.3.3.1 Innovation in Phytase Production Processes
           5.3.4 Challenges
                    5.3.4.1 High R&D Investments
                    5.3.4.2 Thermostability of Enzymes
    5.4 Value Chain
    5.5 Regulatory Framework
           5.5.1 Regulation 1831/2003 on Feed Additives

6 Feed Enzymes Market, By Function (Page No. - 51)
    6.1 Introduction
    6.2 Performance Enhancement
    6.3 Feed Efficiency

7 Feed Enzymes Market, By Type (Page No. - 53)
    7.1 Introduction
    7.2 Phytase
           7.2.1 Phytases Help Break Down Indigestible Phytioc Acid and Release Digestible Phosphorus
    7.3 Protease
           7.3.1 Protease Reduces Nitrogen Emission During Livestock Production
    7.4 Carbohydrase
           7.4.1 Xylanase and Amylase are the Major Types of Carbohydrase
           7.4.2 Xylanase
           7.4.3 Amylase
           7.4.4 Cellulase
           7.4.5 Other Carbohydrases
    7.5 Others

8 Feed Enzymes Market, By Source (Page No. - 62)
    8.1 Introduction
    8.2 Microorganism
           8.2.1 Microorganisms are the Most Preferred Source of Feed Enzymes Due to High Stability
    8.3 Plant
           8.3.1 Plant-Based Feed Enzymes Increase Phytate Breakdown, Thus Aiding in the Release of Phosphorous in Livestock
    8.4 Animal
           8.4.1 Animal-Sourced Feed Enzymes are the Least Preferred Because of Their Instability and High Cost

9 Feed Enzymes Market, By Form (Page No. - 67)
    9.1 Introduction
    9.2 Dry
           9.2.1 Ease of Application and Storage Makes It A Preferred Form
    9.3 Liquid
           9.3.1 Requirement of A Special Apparatus for Application Makes the Liquid Form Less Economical Than the Dry Form

10 Feed Enzymes Market, By Livestock (Page No. - 71)
     10.1 Macroindicators
             10.1.1 Livestock Population Increase
     10.2 Connected Market: Feed Additives
             10.2.1 Growth in the Compound Feed Industry
                        10.2.1.1 Increasing Compound Feed Production
     10.3 Introduction
     10.4 Poultry
             10.4.1 Poultry Segment Projected to Be the Largest During the Forecast Period
             10.4.2 Broilers
             10.4.3 Turkeys
             10.4.4 Layers
             10.4.5 Others
     10.5 Swine
             10.5.1 Feed Enzymes Help in the Breakdown of Complex Carbohydrates, Which are Not Utilized By Swine
             10.5.2 Starter
             10.5.3 Grower
             10.5.4 Sow
     10.6 Ruminants
             10.6.1 Feed Enzymes are Added to Cattle Diets to Enhance Milk Production and Improve Feed Efficiency
             10.6.2 Calves
             10.6.3 Dairy Cattle
             10.6.4 Beef Cattle
             10.6.5 Others
     10.7 Aquatic Animals
             10.7.1 The Use of Feed Enzymes in Fish Feed has Provided Environmental Benefits as Well as Enabled the Use of Lower-Cost Feedstuffs
     10.8 Others

11 Feed Enzymes Market, By Region (Page No. - 82)
     11.1 Introduction
     11.2 North America
             11.2.1 US
                        11.2.1.1 The US Accounted for the Largest Share in the North American Feed Enzymes Market in 2018
             11.2.2 Canada
                        11.2.2.1 The Rise in Demand for Meat Products and the Introduction of Lenient Regulations Pertaining to the Use of Growth Promoters in the Country are Factors That are Projected to Drive the Growth of the Market
             11.2.3 Mexico
                        11.2.3.1 Increasing Support of Government Programs and the Rise in Livestock Production to Encourage the Consumption of Feed Enzymes in the Country 91
     11.3 Europe
             11.3.1 Russia
                        11.3.1.1 The Russian Meat and Pork Industry has Witnessed Significant Growth in Recent Years
             11.3.2 Spain
                        11.3.2.1 Rise in the Demand for Meat and Dairy Products
             11.3.3 Germany
                        11.3.3.1 Modernization of the Livestock Industry has Resulted in the Usage of Scientific Methods for the Production of Livestock
             11.3.4 France
                        11.3.4.1 Domestic Demand for Meat Products Plays A Vital Role in the Increasing Demand for Essential Feed Enzymes in Livestock Feed
             11.3.5 Italy
                        11.3.5.1 The Country Accounted for the Fifth-Largest Share for Feed Enzymes in the Region
             11.3.6 UK
                        11.3.6.1 Adoption of Mega-Farms and Intensive Factory Farming for Cattle, Poultry, and Swine to Drive the Market Growth of Feed Enzymes
             11.3.7 Rest of Europe
                        11.3.7.1 Rising Awareness About the Benefits of Feed Enzymes Among Livestock Growers
     11.4 Asia Pacific
             11.4.1 China
                        11.4.1.1 Established Players in the Market are Focusing on Developing Feed Enzyme Products
             11.4.2 India
                        11.4.2.1 Availability of Raw Materials and A Major Destination for Foreign Companies
             11.4.3 Japan
                        11.4.3.1 Stabilization in Feed Prices to Drive the Adoption of Feed Enzymes
             11.4.4 Thailand
                        11.4.4.1 Wider Opportunities in the Poultry Industry
             11.4.5 Indonesia
                        11.4.5.1 Increasing Feed Production to Have A Proportional Impact on the Consumption of Feed Enzymes
             11.4.6 Rest of Asia Pacific
                        11.4.6.1 Rising Awareness Regarding the Importance of Feed Enzymes for Livestock Nutrition for Good Quality Meat and Other Animal-Based By-Products
     11.5 South America
             11.5.1 Brazil
                        11.5.1.1 High Animal Product Exports to Drive Growth
             11.5.2 Argentina
                        11.5.2.1 The Rise in the Adoption of Advanced Technologies has Led to the Usage of Additives, Such as Enzymes
             11.5.3 Rest of South America
     11.6 Rest of the World (RoW)
             11.6.1 Africa
                        11.6.1.1 Increase in the Presence of Substantial Livestock Population in the Region to Drive the Demand for Feed Enzymes
             11.6.2 Middle East
                        11.6.2.1 The Rising Meat Consumption and Improved Performance in Feed are Factors Driving the Market

12 Competitive Landscape (Page No. - 127)
     12.1 Overview
     12.2 Company Ranking
     12.3 Competitive Leadership Mapping
             12.3.1 Visionary Leaders
             12.3.2 Innovators
             12.3.3 Dynamic Differentiators
             12.3.4 Emerging Companies
     12.4 Competitive Leadership Mapping (For Smes/Start-Ups)
             12.4.1 Progressive Companies
             12.4.2 Starting Blocks
             12.4.3 Responsive Companies
             12.4.4 Dynamic Companies
     12.5 Competitive Scenario
             12.5.1 New Product Launches
             12.5.2 Expansions and Investments
             12.5.3 Mergers & Acquisitions

13 Company Profiles (Page No. - 136)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     13.1 BASF SE
     13.2 Dowdupont
     13.3 Koninklijke DSM N.V
     13.4 Bluestar Adisseo
     13.5 Cargill
     13.6 Associated British Foods PLC
     13.7 Novozymes
     13.8 Advanced Enzyme Technologies
     13.9 Kemin Industries, Inc.
     13.10 Novus International Inc.
     13.11 Azelis Holdings SA
     13.12 Alltech
     13.13 Bio Cat
     13.14 Rossari Biotech Ltd.
     13.15 Biovet JSC
     13.16 Bec Feed Solutions
     13.17 Bioresource International Inc.
     13.18 Amorvet
     13.19 Nutrex BE
     13.20 Sunson Industry Group Co. Ltd.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies. 

14 Appendix (Page No. - 174)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details


List of Tables (106 Tables)

Table 1 USD Exchange Rates, 2014–2018
Table 2 Feed Enzymes Market Snapshot (Value), 2019 vs. 2025
Table 3 Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 4 Feed Enzymes Market Size, By Type, 2017–2025 (Kt)
Table 5 Phytase Market Size, By Region, 2017–2025 (USD Million)
Table 6 Phytase Market Size, By Region, 2017–2025 (Kt)
Table 7 Protease Market Size, By Region, 2017–2025 (USD Million)
Table 8 Protease Market Size, By Region, 2017–2025 (Ton)
Table 9 Carbohydrase Market Size, By Region, 2017–2025 (USD Million)
Table 10 Carbohydrase Market Size, By Region, 2017–2025 (Kt)
Table 11 Feed Carbohydrases Market Size, By Type, 2017–2025 (USD Million)
Table 12 Other Feed Enzymes Market Size, By Region, 2017–2025 (USD Thousand)
Table 13 Other Feed Enzymes Market Size, By Region, 2017–2025 (Ton)
Table 14 Feed Enzymes Market Size, By Source, 2017–2025 (USD Million)
Table 15 Microorganism-Based Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 16 Plant-Based Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 17 Animal-Based Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 18 Feed Enzymes Market Size, By Form, 2017–2025 (USD Million)
Table 19 Feed Enzymes Market Size for Dry Form, By Region, 2017–2025 (USD Million)
Table 20 Feed Enzymes Market Size for Liquid Form, By Region, 2017–2025 (USD Million)
Table 21 Feed Enzymes Market Size, By Livestock, 2017–2025 (USD Million)
Table 22 Poultry: Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 23 Poultry: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 24 Swine: Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 25 Swine: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 26 Ruminants: Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 27 Ruminants: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 28 Aquatic Animals: Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 29 Others: Feed Enzymes Market Size, By Region, 2017–2025 (USD Thousand)
Table 30 Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 31 Feed Enzymes Market Size, By Region, 2017–2025 (Kt)
Table 32 North America: Feed Enzymes Market Size, By Country, 2017–2025 (USD Million)
Table 33 North America: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 34 North America: Feed Enzymes Market Size, By Type, 2017–2025 (Kt)
Table 35 North America: Feed Enzymes Market Size, By Livestock, 2017–2025 (USD Million)
Table 36 North America: Feed Enzymes Market Size, By Source, 2017–2025 (USD Million)
Table 37 North America: Feed Enzymes Market Size, By Form, 2017–2025 (USD Million)
Table 38 US: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 39 US: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 40 Canada: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 41 Canada: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 42 Mexico: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 43 Mexico: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 44 Europe: Feed Enzymes Market Size, By Country, 2017–2025 (USD Million)
Table 45 Europe: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 46 Europe: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 47 Europe: Feed Enzymes Market Size, By Livestock, 2017–2025 (USD Million)
Table 48 Europe: Feed Enzymes Market Size, By Source, 2017–2025 (USD Thousand)
Table 49 Europe: Feed Enzymes Market Size, By Form, 2017–2025 (USD Million)
Table 50 Russia: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 51 Russia: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 52 Spain: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 53 Spain: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 54 Germany: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 55 Germany: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 56 France: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 57 France: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 58 Italy: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 59 Italy: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 60 UK: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 61 UK: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 62 Rest of Europe: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 63 Rest of Europe: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 64 Asia Pacific: Feed Enzymes Market Size, By Country, 2017–2025 (USD Million)
Table 65 Asia Pacific: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 66 Asia Pacific: Feed Enzymes Market Size, By Type, 2017–2025 (Kt)
Table 67 Asia Pacific: Feed Enzymes Market Size, By Livestock, 2017–2025 (USD Million)
Table 68 Asia Pacific: Feed Enzymes Market Size, By Source, 2017–2025 (USD Million)
Table 69 Asia Pacific: Feed Enzymes Market Size, By Form, 2017–2025 (USD Million)
Table 70 China: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 71 China: Feed Enzymes Market Size, By Type, 2017–2025 (Kt)
Table 72 India: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 73 India: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 74 Japan: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 75 Japan: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 76 Thailand: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 77 Thailand: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 78 Indonesia: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 79 Indonesia: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 80 Rest of Asia Pacific: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 81 Rest of Asia Pacific: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 82 South America: Feed Enzymes Market Size, By Country, 2017–2025 (USD Million)
Table 83 South America: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 84 South America: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 85 South America: Feed Enzymes Market Size, By Livestock, 2017–2025 (USD Million)
Table 86 South America: Feed Enzymes Market Size, By Source, 2017–2025 (USD Thousand)
Table 87 South America: Feed Enzymes Market Size, By Form, 2017–2025 (USD Million)
Table 88 Brazil: Feed Enzymes Market Size, By Type, 2017–2025 (USD Million)
Table 89 Brazil: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 90 Argentina: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 91 Argentina: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 92 Rest of South America: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 93 Rest of South America: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 94 RoW: Feed Enzymes Market Size, By Region, 2017–2025 (USD Million)
Table 95 RoW: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 96 RoW: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 97 RoW: Feed Enzymes Market Size, By Livestock, 2017–2025 (USD Million)
Table 98 RoW: Feed Enzymes Market Size, By Source, 2017–2025 (USD Thousand)
Table 99 RoW: Feed Enzymes Market Size, By Form, 2017–2025 (USD Million)
Table 100 Africa: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 101 Africa: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 102 Middle East: Feed Enzymes Market Size, By Type, 2017–2025 (USD Thousand)
Table 103 Middle East: Feed Enzymes Market Size, By Type, 2017–2025 (Ton)
Table 104 New Product Launches, 2017–2019
Table 105 Expansions and Investments
Table 106 Mergers & Acquisitions


List of Figures (44 Figures)

Figure 1 Feed Enzymes: Market Segmentation
Figure 2 Regional Segmentation
Figure 3 Feed Enzymes Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Feed Enzymes Market Size, By Type, 2019 vs. 2025 (USD Million)
Figure 9 Feed Enzymes Market Size, By Livestock, 2019 vs. 2025 (USD Million)
Figure 10 Feed Enzymes Market Size, By Source, 2019 vs. 2025 (USD Million)
Figure 11 Feed Enzymes Market Share (Value), By Region, 2019
Figure 12 Growing Concern Regarding Animal Health and Nutrient Uptake to Support Market Growth
Figure 13 Asia Pacific Was the Major Consumer of Feed Enzymes Across the Globe in 2018
Figure 14 China Was the Major Consumer of Feed Enzymes in 2018, in Terms of Value
Figure 15 Feed Enzymes in the Dry Form are Estimated to Be Widely Consumed in 2019
Figure 16 US Was the Dominant Market for Feed Enzymes in 2019
Figure 17 Feed Production Trend, 2012–2017 (Million Metric Tons)
Figure 18 Feed Enzymes Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Global Meat Demand, 1980-2030 (Kt)
Figure 20 Global Per Capita Meat Consumption, 2016–2020 (Pound)
Figure 21 Global Milk Production, 2015–2018 (Million Tons)
Figure 22 Global Consumption of Animal-Based Products (1967–2030)
Figure 23 Effect of Temperature on the Rate of Enzyme Catalyzation
Figure 24 Feed Enzymes: Value Chain
Figure 25 Feed Enzymes Market Share, By Type, 2019 vs. 2025
Figure 26 Feed Enzymes Market Share (Value), By Source, 2019 vs. 2025
Figure 27 Feed Enzymes Market Share, By Form, 2019 vs. 2025
Figure 28 Global Livestock Production Trends (2011–2017)
Figure 29 Compound Feed Production Trends in the Eu (2011-2017)
Figure 30 Feed Enzymes Market Share, By Livestock, 2019 vs. 2025
Figure 31 India is Projected to Grow at the Highest Rate During the Forecast Period
Figure 32 Asia Pacific: Feed Enzymes Market Snapshot
Figure 33 Feed Enzymes: Company Rankings, 2019
Figure 34 Feed Enzymes Market: Competitive Leadership Mapping, 2019
Figure 35 Key Developments of the Leading Players in the Feed Enzymes Market, 2017–2019
Figure 36 Feed Enzymes Market: Competitive Leadership Mapping for Smes/Start-Ups, 2019
Figure 37 BASF SE: Company Snapshot
Figure 38 Dowdupont: Company Snapshot
Figure 39 Koninklijke DSM N.V: Company Snapshot
Figure 40 Bluestar Adisseo: Company Snapshot
Figure 41 Cargill Incorporated: Company Snapshot
Figure 42 Associated British Foods PLC: Company Snapshot
Figure 43 Novozymes: Company Snapshot
Figure 44 Advanced Enzyme Technologies: Company Snapshot

The study involved four major activities in estimating the market size for feed enzymes. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources were referred to, to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the market’s monetary chain, the total pool of key players, market classification, and segmentation, according to industry trends to the bottom-most level and geographical markets. It was also used to obtain information on the key developments from a market-oriented perspective.

Primary Research

The market comprises several stakeholders, which include feed manufacturers, additive manufacturers & suppliers, animal nutritionists, feed enzyme manufacturers, raw material producers, and poultry farmers in the supply chain. Various primary sources from both the supply and demand sides of the feed enzymes market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include research institutions, enzyme distributors and suppliers, government agencies, animal nutrition associations, and cooperative farm societies. The primary sources from the supply side include feed enzyme manufacturers, feed additive manufacturers, microbial extraction service providers, and key opinion leaders.

Feed Enzymes Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the feed enzymes market. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. To arrive at the exact statistics for all the segments and sub-segments, the data triangulation and market breakdown procedures were employed, wherever applicable. After the market was validated using both the top-down and bottom-up approaches, the data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To describe and forecast the feed enzymes market, in terms of type, livestock, source, form, and region
  • To describe and forecast the feed enzymes market, in terms of value and volume, by region–Asia Pacific, Europe, North America, South America, and the Rest of the World-along with their respective countries
  • To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To study the complete value chain of feed enzymes
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the feed enzymes market
  • To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze strategic approaches, such as acquisitions, expansions, product launches, and agreements & partnerships, in the feed enzymes market
  • This research report categorizes the feed enzymes market based on type, livestock, source, form, and region.

Available Customizations

Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further country-wise breakdown of the market into Asia Pacific, Europe, and South America based on site of operation

Company Information

  • Detailed analysis and profiling of additional market players (Up to five)
Report Code
AGI 3382
Published ON
Dec, 2019
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